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153 North Jackson Street

NorthMarq Arranges $38 Million Refinance For Jefferson Block Multifamily In Milwaukee Wisconsin
FINANCEDMultiFamily

NorthMarq Arranges $38 Million Refinance For Jefferson Block Multifamily In Milwaukee Wisconsin

153 North Jackson Street

$38,000,000

Building Size

Asset Type

MultiFamily

Closing

Mar 25, 2026

AI

The property asset involved in the transaction is a multifamily midrise property located at 153 North Jackson Street in Milwaukee, WI. The asset comprises 217 units and is part of the multifamily market segment, which accommodates residential rentals.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $38,000,000
  • Loan Type: Refinance
  • Broker: David Link - NorthMarq
  • Market Location: Milwaukee, WI

The deal was facilitated by David Link from NorthMarq, who arranged a refinance for Jefferson Block through the in-house Fannie Mae DUS platform, streamlining the financing process for this property transaction.

Players

David Link

NorthMarq

Broker

$156.7M

vol

4 deals

Broker

Milwaukee MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.42%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93